(2)Commission Implementing Regulation (EU) 2016/100 3 , specifies the joint decision process with regard to the application for certain prudential permissions, including the Advanced Measurement Approach. Given the amendments to Title III of Part Three of Regulation (EU) No 575/2013, and in particular the replacement of the Advanced Measurement Approach with the new standardised approach for operational risk, it is necessary to amend Implementing Regulation (EU) 2016/100 to take into account those amendments.
Recital 2
- 3 Commission Implementing Regulation (EU) 2016/100 of 16 October 2015 laying down implementing technical standards specifying the joint decision process with regard to the application for certain prudential permissions pursuant to Regulation (EU) No 575/2013 of the European Parliament and of the Council ( OJ L 21, 28.1.2016, p. 45 , ELI: http://data.europa.eu/eli/reg_impl/2016/100/oj ). ↩